2022-04-18 23:30:10
How to purchase PowerPool (CVP)

What is PowerPool
PowerPool is a solution for accumulating governance power in Ethereum-based protocols by pooling tokens (COMP, BAL, LEND, YFI, BZRX, AKRO, etc.). The CVP token name refers to Concentrated Voting Power: CVP holders decide how pooled GTs will vote when the vote occurs in their root protocol. Also, CVP holders govern the entire protocol (key ecosystem variables, collateral types, adding new pools).
The main protocol functions:

coordinated voting: CVP holders decide how pooled governance tokens will vote;
pool GTs to accumulate governance power in one place;
lend GTs to earn additional GTs by lending GTs;
lock GTs as a collateral to get a loan;
borrow GTs to gain extra leverage in votings.

The CVP token doesn’t have a premine or token sale, and is all supply gets distributed via liquidity mining.
How to buy CVP?
  • How to buy CVP on Neko Invest app
    For more information:
    How to download and use Neko Invest app
    • Step 1 :  Create/Login to your Neko Invest app account
    • Step 2 :  Go to Market page, click on the Search icon and search CVP in the search bar.
    • Step 3 :  Click on CVP logo and choose Invest.
    • Step 4 :  Entering the amount of CVP that you want to buy. Then click on the Get Quotes button.
    • Step 5 :  Swipe the Swipe to swap button and now you own CVP. You can check your CVP balance in your wallet by going to Wallet page.
Contract Addresses
PowerPool (Xdai chain) : 0x7da0bfe9d26c5b64c7580c04bb1425364273e4b0
Concentrated Voting Power (Ethereum) : 0x38e4adb44ef08f22f5b5b76a8f0c2d0dcbe7dca1
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